Oil & Gas Automation and Control Market - Growth, Trends and Forecasts (2015-2020)
The global oil and gas automation & Control systems market is growing at XX% CAGR and is expected to reach USD XXX by 2020 from USD XXX in 2015.The automation and control systems in oil and gas sector plays a crucial role, serving many applications in upstream, midstream, downstream and power control systems ranging from emergency shutdown, turnaround and outages of production facilities to automation systems assisting manufacturing processes, maintenance and others.
Also, considering safety and efficiency, Automation and control systems in oil and gas industry are primarily used for the accomplishment of the tasks with less human intervention along with the increase in productivity, high safety standards and reduction in costs. Also, the automation have key applications such as retailing and distribution of petroleum products, processing and production of plants, commissioning, etc.
This report comprehensively analyzes the market by segmenting it based on geography and technology. Key drivers and restraints that are effecting the growth of this market were discussed in detail. The study also elucidates on key market players.
PDF E-mail From Publisher
Multi User License (2-5 Users) Fulfilled by Publisher